NETS TRADE: Ilic, Robinson and Cash to Hornets for David Wesley

[Stefan Nellemoes]

So.. Now there's room for the guy with #10...</p>

</p>

 

[jirohkanzaki]

<div class='quotetop'>QUOTE (Stefan Nellemoes)</div><div class='quotemain'></p>

So.. Now there's room for the guy with #10...</p>

</div></p>

</p>

I had high hopes for Drejer...but I think the Nets have no plans for him...he is a very skilled basketball player for his size but if he takes his emotional fragility in NJ fans won't be giving him exotic sounding names like "El Enigma" and "Il Depresso" just a bunch of expletives...</p>

 

[Kidd Karma]

From NO's end this was done for the money. Being that they will be in NO for the full season, they know their cash intake will not be as great as it has been the past 2 seasons in OK City. They've discounted tickets down there this upcoming season. I believe Ilic and Robinson combined will take in about 1.8 million while Wesley's guaranteed part is 250,000. NO did it for the cash as later, both Robinson and Ilic were waived.</p>

 

[SportsTicker]

The Nets are about $500,000 under the luxury tax...which is enough to sign a rookie right now, but no one else. Second year players get $687,456. Any player beyond that will cost around $750,000. If the Nets did that, it would defeat the purpose of yesterday's deal. By getting under the luxury tax threshold, they avoid paying taxes, but more importantly, they will now be able to share in the luxury tax pool. All the luxury tax money is shared by those teams who don't have to pay the tax. Did some math last week and that payment will not be small change. Could be as high as $2.5 million per team.</p>

(Only thing I find strange is that the Nets didn't immediately waive Wesley. Wesley's contract COULD be used in another deal if a one-for-one trade. For example, if the Nets wanted to trade for JR Smith, who makes $1.5 million, I believe they could trade Wesley, who makes $1.75 million, to the Nuggets. The Nuggets would be able to rid themselvesofSmith and save the difference betweenhis salary andWesley's $250K buyout. Netswould get a talent with an expiring talent if a lot of trouble. Do I think it'slikely the Nets will deal Wesley, butnot waiving him immediately made me think theyare hanging on to him just in case theyneed him as ballast.) </p>

Come January 10, thingschange. That'sthe day all partial and non guaranteed contracts become fully guaranteed, any new minimum deals will be pro-rated...meaning about the Nets would only have to pay about half the minimum (half the $421K for a rookie, half the $687K for a second year player, half the $750K for anyone else) to sign players.</p>

It's a nice position to be in. Even if the team is doing well and has no injuries, they will be able to sign anyone they want in the D-League (smart for Hite, Adams, Marcus Williams II to play in the D-league) or Allan Houston.</p>

</p>

</p>

</p>

 

[pegs]

<div class='quotetop'>QUOTE (NetIncome)</div><div class='quotemain'></p>

The Nets are about $500,000 under the luxury tax...which is enough to sign a rookie right now, but no one else. Second year players get $687,456. Any player beyond that will cost around $750,000. If the Nets did that, it would defeat the purpose of yesterday's deal. By getting under the luxury tax threshold, they avoid paying taxes, but more importantly, they will now be able to share in the luxury tax pool. All the luxury tax money is shared by those teams who don't have to pay the tax. Did some math last week and that payment will not be small change. Could be as high as $2.5 million per team.</p>

(Only thing I find strange is that the Nets didn't immediately waive Wesley. Wesley's contract COULD be used in another deal if a one-for-one trade. For example, if the Nets wanted to trade for JR Smith, who makes $1.5 million, I believe they could trade Wesley, who makes $1.75 million, to the Nuggets. The Nuggets would be able to rid themselvesofSmith and save the difference betweenhis salary andWesley's $250K buyout. Netswould get a talent with an expiring talent if a lot of trouble. Do I think it'slikely the Nets will deal Wesley, butnot waiving him immediately made me think theyare hanging on to him just in case theyneed him as ballast.) </p>

Come January 10, thingschange. That'sthe day all partial and non guaranteed contracts become fully guaranteed, any new minimum deals will be pro-rated...meaning about the Nets would only have to pay about half the minimum (half the $421K for a rookie, half the $687K for a second year player, half the $750K for anyone else) to sign players.</p>

It's a nice position to be in. Even if the team is doing well and has no injuries, they will be able to sign anyone they want in the D-League (smart for Hite, Adams, Marcus Williams II to play in the D-league) or Allan Houston.</p>

</div></p>

</p>

Wow, thanks for all the info.</p>

I'm not sure if I could really see the Nets adding anyone else thru trade or signing. I mean, there are some good rookies out there, but from hearing people talk about it, wouldn't it make sense for the Nets to want to add a veteran shooter rather than a rookie?</p>

 

[jirohkanzaki]

<div class='quotetop'>QUOTE (NetIncome)</div><div class='quotemain'></p>

The Nets are about $500,000 under the luxury tax...which is enough to sign a rookie right now, but no one else. Second year players get $687,456. Any player beyond that will cost around $750,000. If the Nets did that, it would defeat the purpose of yesterday's deal. By getting under the luxury tax threshold, they avoid paying taxes, but more importantly, they will now be able to share in the luxury tax pool. All the luxury tax money is shared by those teams who don't have to pay the tax. Did some math last week and that payment will not be small change. Could be as high as $2.5 million per team.</p>

(Only thing I find strange is that the Nets didn't immediately waive Wesley. Wesley's contract COULD be used in another deal if a one-for-one trade. For example, if the Nets wanted to trade for JR Smith, who makes $1.5 million, I believe they could trade Wesley, who makes $1.75 million, to the Nuggets. The Nuggets would be able to rid themselvesofSmith and save the difference betweenhis salary andWesley's $250K buyout. Netswould get a talent with an expiring talent if a lot of trouble. Do I think it'slikely the Nets will deal Wesley, butnot waiving him immediately made me think theyare hanging on to him just in case theyneed him as ballast.) </p>

Come January 10, thingschange. That'sthe day all partial and non guaranteed contracts become fully guaranteed, any new minimum deals will be pro-rated...meaning about the Nets would only have to pay about half the minimum (half the $421K for a rookie, half the $687K for a second year player, half the $750K for anyone else) to sign players.</p>

It's a nice position to be in. Even if the team is doing well and has no injuries, they will be able to sign anyone they want in the D-League (smart for Hite, Adams, Marcus Williams II to play in the D-league) or Allan Houston.</p>

</div></p>

nice info...i would wait jan 10 then so we can sign 2 players who have proven themselves in the d-league...</p>

 

[d-blockrep2]

hopefully we don't wait to long to pick up either Byars or Marcus Williams II, hopefully they can come in and understand Lawrence Frank's system.</p>

 

[ghoti]

<div class='quotetop'>QUOTE (Stefan Nellemoes)</div><div class='quotemain'></p>

So.. Now there's room for the guy with #10...</p>

</p>

</div></p>

</p>

LOL.</p>

You just forget about him and focus your attention to the #1 Danish sports star.</p>

He needs the support this weekend!</p>

</p>

 

[Dark Defender]

Nets will waive David Wesley today accordiing to the NY Post.</p>

That should give us 2 roster spots open and be under $500k under the cap.</p>